BloombergNEF (BNEF) says in a new study of 1,600 planned hydrogen projects that governments will miss their 2030 hydrogen targets. Analyst Adithya Bhashyam tells pv magazine that most of the announced projects to the end of this decade lack the key conditions for success.
Conceived by a Dutch research group, the proposed system is intended to store surplus renewable electricity via hydrogen generation and battery storage, with the latter being used only when hydrogen generation is not immediately available. Despite its high initial costs, the system can reportedly offer stable operation.
Hygenco Green Energies has signed a memorandum of understanding (MoU) with Mitsubishi Heavy Industries and Mitsubishi Power to deliver green hydrogen-/ammonia-fired gas turbine combined cycle (GTCC) power plants.
Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.
Manufacturers now have until May 31 to submit bids for setting up electrolyzer manufacturing capacities in India under the second round of the government’s Strategic Interventions for Green Hydrogen Transition (SIGHT) program.
Siemens Energy India will provide solutions across the entire energy value chain – from power and heat generation, transmission to storage.
Scientists have investigated different techno-economic scenarios for using hydrogen storage in combination with hydropower and pumped hydro storage in Switzerland. They have found that hydrogen storage plays no major role under most conditions.
Hydrogen, often lauded as a beacon of hope in the quest for a low-carbon future, stands at a pivotal crossroads. As the world grapples with the dual challenges of escalating energy demands and climate change, hydrogen presents a unique opportunity to harmonize industrial development with environmental stewardship. However, its path is fraught with complexities and obstacles that require careful navigation.
Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
Greenko ZeroC will supply up to 50% of renewable ammonia from Phase 1 of its ammonia production facility in Kakinada.
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